BURSAR'S OFFICE

Refund Policy

Students who choose to withdraw from the medical or graduate curricula for any reason
may qualify for a tuition refund on a per-term basis.

Tuition Refunds Upon Withdrawal

Tuition Refund Schedule

The following refund schedule applies to all students:

Withdrawal During

Term Charge

Credit

First week of class

0%

100%

Second week of class

10%

90%

Third and fourth week of class

25%

75%

Fifth through seventh week of class

50%

50%

After the seventh week of class

100%

0%

Third- and Fourth-Year Medical Students

Refunds to third- and fourth-year medical students are prorated according to clerkships
completed. In no case will tuition already paid be refunded for disciplinary or academic
dismissal. The effect date of withdrawal is the date a student files a written request
with the Dean.

Return of Financial Aid Funds

All Federal Title IV financial aid funds are credited or returned in compliance with
the federal return policy schedule. Contact the Office of Financial Aid for details.

Living Expense Refunds From Financial Aid

General Information

Student loans and most other aid will electronically disburse toward students' PCOM
tuition/fee charges on the first date of enrollment at the beginning of each term.
If you borrow more funds than tuition/fees, the PCOM Bursar's Office will then release
the remaining "living expense refund" funds to you 7-10 days after your first date
of enrollment for the term.

Refund Schedule Notes

First Disbursement Date of Each TermRefunds will be processed seven to 10 days following the disbursement of loans. View
Financial Aid's Disbursements and Refunds page for estimated dates for each program.

Weekly Refund ScheduleRefund checks or direct deposits will be produced every Monday and Thursday. Cutoff
times for processing refunds are the close of business Wednesday for availability
on Thursday and the close of business Friday for availability on Monday.

Banking or School HolidaysRefunds will be processed the next business day.

Philadelphia Campus is ClosedRefunds will be processed on the next business day that the campus reopens.

Direct Deposit

It is strongly recommended that students sign up for direct deposit for their refunds.
By signing up for direct deposit, your financial aid refund funds are paid directly
to your bank account each term. Direct deposit is generally faster and more secure
than receiving a paper check via postal mail.